The DS identified this man as a major threat to their easy manipulation of India very early on. They desperately tried to stop him from ever leading the country.
The moment he became CM, they ignited issues, branded him with every possible label, attempted to sanction him, and even revoked his visas.
They unleashed tens of thousands of pages of propaganda reports against him, both inside India and abroad. They weaponised the opposition and the courts to flood him with cases from every direction.
Yet he overcame it all. To become the PM of the world’s largest democracy. Despite all the hit jobs, sabotage, and propaganda, he remains the most popular leader on the planet.
He has turned every adversity into an advantage. "Being Anti-fragile" is his mantra. And he has made India anti-fragile too. We have seen the nation emerge stronger from every crisis thrown at it.
I believe he will also resolve the infowar crisis. The main force behind it will be weakened and broken by him. It will be a fitting feather in his cap before he retires as not only India’s longest serving PM, but its most impactful one.
History will remember him as the one who transformed India not just in infrastructure and development, but forged a confident, self-reliant nation that stands proud on the global stage.
CGT Changes: Over 11,000 calculations to do your Tax
I'm going to explain the administrative and accounting disaster that is our new inflation corrected CGT arrangement.
The new CGT system encourages people to get dividend paying stocks. Many people do dividend reinvestment programs over the lifetime of their holding to try and build wealth. Seems sensible.
Now imagine you have a standard 20 share parcel of shares with dividends twice a year that you put into a dividend reinvestment program. You hold it for 15 years and then sell it, fortunately all have been winners. Well done.
Under the new system you have to do over 11,000 calculations at tax time to satisfy the commissioner. See the image.
And these aren't simple calculations. It's not like you're getting the sale price minus the purchase price and halving the difference as in the existing system. My 6-year-old can do that calculation. No, the new system requires you to do a compounding equation with different start dates and different end dates where you have to ensure that the inflation for that year matches the particular purchase date and take it through to sale. I haven't even gone into whether you use first in first out accounting, it already looked complicated enough. My 16-year-old would struggle with that calculation.
Peter Costello said a major reason for introducing the 50% CGT discount was it's simplicity and compliance costs. He was right.
The new government expects you to have a PhD in mathematics or pay your accountant five times as much for the administrative burden.
I'm pretty sure the Labour Minister for Finance Katie Gallagher is not able to do this calculation. Why doesn't some enterprising journalist put her on the spot?
And of course the ATO will need to expand markedly to ensure compliance. Which you will pay for in your taxes.
This is the strongest initial uptake we have had to a petition, a clear demonstration of how many Australians are against these changes. Sign 👇https://t.co/obcCvaj9hY
U.S. Department of War (DoW) awards US$43.4 million to Nova’s 100% subsidiary Alaska Range Resources LLC. to on-shore antimony trisulfide production $NVA #NASDAQ#ASX#GOLD#Antimony#CriticalMinerals - https://t.co/r3CEc4SHhQ
Is high grade gold a bonanza or one-hit wonder?
$NVA $NVA.ax $NVAAF $QM3 #gold#GDXJ@MinerDeck
2 in a month and we have many more holes to report from RPM - Stay tuned!
- https://t.co/ltOKLxl1zK
$NVA Nova Minerals 'can't stop winning' with more high grade gold hits at RPM North https://t.co/wttPF2lBNn @novaminerals $NVAAF #NVA#NVAAF#ASX#ASXNews
Please retweet this if you are tired of physical #chess statements and want your broker to stop being lazy and enable the opt-in now!
Are you listening @nabtrade@CommSec@CMCMarketsAusNZ ?
Twitter- Parag Agarwal
Google - Sundar Pichai
Microsoft - Satya Nadella
IBM - Arvind Krishna
Adobe- Shantanu Narayen
VMWare - Raghu Raghuram
So many CEOs of Indian origin in global tech!
Snow Lake Resources Ltd. Announces Pricing of Initial Public Offering. An initial public offering of 3,200,000 common shares at a public offering price of $7.50 per share, for gross proceeds of $24,000,000 USD.
#Lithium#ElectricVehicles